Weekly Manhattan & Brooklyn Market: 2/6
Last week, we decided that the recent downturn was nothing more than the typical seasonal slowdown and predicted that there would be no cause for concern. How did we do as fortune tellers? Well, so far, so good as the number of contracts signed this week was back to parity with the pre-pandemic aver
Elegran Manhattan Market Update: February 2023
Photo by Trevor Hayes on Unsplash Manhattan Market Update: New Dev Performing at Par; Resale Underperforming Compared to the pre-pandemic* benchmark, demand for residential real estate in Manhattan underperformed in January. The number of contracts signed for new developments is right on par with it
Elegran Brooklyn Market Update: February 2023
Photo by Jialin Hu on Unsplash Brooklyn Market Update: Will Brooklyn Demand Post a 6th Straight Spike in Spring? During H2–2022, demand for Brooklyn was sky high. However, that subsided around the turn of the year with contract count heading back to parity with its pre-pandemic* average. That coolin
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